» Thursday, September 13, 2012

Merger Talks between BAE Systems and EADS

Asked about the talks of a merger between BAE Systems and EADS, the Prime Minister’s Official Spokesman (PMOS) said that it was a commercial matter which was market sensitive and that the Department for Business had issued a statement yesterday setting out our position. Asked about the Prime Minister’s involvement, the PMOS confirmed that the PM was being kept informed of the discussions. In response to further questions, the PMOS explained that given the nature of the companies’ activities, the Government would want to make sure that the UK’s public interest was properly protected, and the Government was working with the companies to ensure that was the case.

original source.

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